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Pacific Scientific Plans Vote on Danaher

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Dow Jones

Pacific Scientific Co. has called a special shareholders meeting for March 27 to vote on the proposed acquisition by Danaher Corp. Pacific Scientific said shareholders of record as of Feb. 25 will be entitled to vote on Danaher’s $30.25-a-share cash tender offer for Pacific Scientific.

The proposed acquisition also must receive antitrust approval. The deal was initially valued at about $460 million, including assumed debt.

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